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Dec 4, 2012
12/12
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yet but starting today anyone with a phone in key emerging markets in india and south america and australia can sign up and it will roll out worldwide including here in the u.s. becky? >> julia, thank you very much. we'll be watching all that as it comes out later today. >>> let's talk consequences of the fiscal cliff. companies of announces dividends in recent days trying to avoid the tax hikes set to kick in at the end of the year. who is really making money on this? >> a lot of people especially ceos more than 110 companies have announced special dividends in the fourth quarter alone that's more than three times last year's fourth quarter. the reason? the fiscal cliff. if we go off the cliff tax rates on dividends could go from 15% to more than 43%. companies are racing to beat the tax hikes by paying dividends before december 31st and some of the biggest beneficiaries, both insiders and ceos. mickey arison is getting $89 million from carnival giving him a potential tax savings. and larry elison is getting savings around $56 million. thomas frist at hca is getting around $350 million, sa
yet but starting today anyone with a phone in key emerging markets in india and south america and australia can sign up and it will roll out worldwide including here in the u.s. becky? >> julia, thank you very much. we'll be watching all that as it comes out later today. >>> let's talk consequences of the fiscal cliff. companies of announces dividends in recent days trying to avoid the tax hikes set to kick in at the end of the year. who is really making money on this? >> a...
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Dec 11, 2012
12/12
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it really gives us platforms in asia, and south america, which we really don't have now. really makes us a global powerhouse. >> you know, is the underwear business and the jeans business a bigger business than the suit business for example? >> yes. the underwear business worldwide is over a billion dollars in sales and jeans business is close to $2 billion. so those are the two largest categories followed by fragrance which is about a billion and a half dollars. >> when you did the tommy deal you knocked the cover off the ball. you put some numbers out. you delevered the company quickly. now you're back doing the warnerco deal. is this going to be as transformational? >> i think in some ways it's going to be more transformational. it really opens up two key markets for us to operate directly. today we are operating on joint ventures and licensing arrangements. so in asia, china specifically, ind india, and in latin america with brazil, you know, really opening up the developing economies, where warnaco, in those two areas approaching 20%. >> phillips-van heusen, to be ab
it really gives us platforms in asia, and south america, which we really don't have now. really makes us a global powerhouse. >> you know, is the underwear business and the jeans business a bigger business than the suit business for example? >> yes. the underwear business worldwide is over a billion dollars in sales and jeans business is close to $2 billion. so those are the two largest categories followed by fragrance which is about a billion and a half dollars. >> when you...
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Dec 13, 2012
12/12
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central america. it's thursday, december 13th, 2012. and what is so special about 12-13-12? it's ben bernanke's birthday. happy birthday, ben. "squawk box" begins right now. >>> good morning and welcome back to south carolina here on cnbc. i'm andrew ross sorkin along with joe kernen. becky is off today. dino kosof, he's going to have a lot to talk about when it comes to what mr. bernanke just said. later in the program, we'll talk to pimco's kneneal ashkari. >>> a surprise from ben bernanke, linking unemployment to monetary policy. rates will be staying where they are right now, which is close to zero, of course. until at the very least the jobless rate falls to 6.5%. we can only cross our fingers wherefore when that might be. ben bernanke says these changes will make the central bank more transparent adding they can only help the markets. the central bank ramped up its asset purchase program adding $40 billion to its $40 billion a month purchases of mortgage-backed bonds. he spoke about the objectives during wednesday's news conference. >> the asset purchases and the rate
central america. it's thursday, december 13th, 2012. and what is so special about 12-13-12? it's ben bernanke's birthday. happy birthday, ben. "squawk box" begins right now. >>> good morning and welcome back to south carolina here on cnbc. i'm andrew ross sorkin along with joe kernen. becky is off today. dino kosof, he's going to have a lot to talk about when it comes to what mr. bernanke just said. later in the program, we'll talk to pimco's kneneal ashkari. >>> a...
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Dec 1, 2012
12/12
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they've fallen in europe, asia, south america. i mean, it's happening everywhere because countries want to [ overlapping speakers ] >> i have never said tax rates don't matter. [ overlapping speakers ] >> governor howard dean. >> i adegree, howard, we need stable tax rights. i agree with that. i'd just like to have a flat tax. steve moore, thank you very much. i appreciate it. >>> folks before we go i want to send my very best wishes to my long-time friend and producer donna mizlocky moving on to new opportunities for the next leg of her successful career. donna, thank you and good luck. that's it for this evening's show. [ abdul-rashid ] i've been working since i was about 16. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- "i'm done. i'm out of here." you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ ♪
they've fallen in europe, asia, south america. i mean, it's happening everywhere because countries want to [ overlapping speakers ] >> i have never said tax rates don't matter. [ overlapping speakers ] >> governor howard dean. >> i adegree, howard, we need stable tax rights. i agree with that. i'd just like to have a flat tax. steve moore, thank you very much. i appreciate it. >>> folks before we go i want to send my very best wishes to my long-time friend and...
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Dec 27, 2012
12/12
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it follows poverty trends in america. so there are pockets in the south, pockets in the appalachian mountains, pockets in urban areas that where there's poverty, there is going to be people needing help. and you know what? they're finding givelocally.net can deliver their needs quickerer, more efficiently than anything out there. we're passionate about helping as many as we can. >> is it set up as a corporation or a nonprofit? >> we made a kshgz decision not to be a 501(c)3 for many reasons, including there's no limit to where we can direct the money. so we can help anyone with any need that's legitimate. but here is the thing. the 501(c)3 exemption was added to this tax code in 1917. as beau said, there are more than 1 million registered 501(c)3s right now and poverty is at its historic high. if you're a business, that's a model one could argue isn't working. we're letting the market decide. we're letting the american people decide. do you want to give $50, $75, $100 on givelocally.net? >> how do you pay your expenses? >
it follows poverty trends in america. so there are pockets in the south, pockets in the appalachian mountains, pockets in urban areas that where there's poverty, there is going to be people needing help. and you know what? they're finding givelocally.net can deliver their needs quickerer, more efficiently than anything out there. we're passionate about helping as many as we can. >> is it set up as a corporation or a nonprofit? >> we made a kshgz decision not to be a 501(c)3 for many...
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Dec 4, 2012
12/12
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whether that's south america in the summer or it's the russians because their local snow is not that good or really americans and europeans who are back and forth between the alps, canadian rocky, rockies. even right now when aspen and vail aren't having the best early season, we're having tremendous snow through the canadian rockies, british columbia and alberta. those resorts are opening early. hotels are full. right now of course you're having this string wind river i believe they're calling it which is dumping tons of snow on the high sierras. they'll be digging out the snow lifts. >> if you've had poor snow the previous season, how does that then -- must reflect into people buying equipment and clothes. snowfall presumably spills out not just into the people who go to the resort, but all the equipment manufacturers get impacted, do they? >> absolutely. we had a really interesting situation that happened over the last couple years. we had a lean year last year which was following a very what we'd call an epic year where it just never seemed to stop snowing. that meant that on tha
whether that's south america in the summer or it's the russians because their local snow is not that good or really americans and europeans who are back and forth between the alps, canadian rocky, rockies. even right now when aspen and vail aren't having the best early season, we're having tremendous snow through the canadian rockies, british columbia and alberta. those resorts are opening early. hotels are full. right now of course you're having this string wind river i believe they're calling...
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Dec 12, 2012
12/12
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we have central and south america and all of asia including china. there's so many opportunities to grow hello kitty as well, too. if we want to double our company's size, we need more. >> that's your goal. what's the time frame for accomplishing that? >> we're looking for something like five years. in these five years we have increased our market cap for five times larger. and what we want to do is to continue that. 20% to 30% growth. >> and acquisitions as you say will be a key part here. what targets are you looking at and what's funding like for purchases you want to make? >> we have a cash position of close to 400 million u.s. dollars. and we have a deficit stimulus side. basically we don't have debt. we can finance, as well. but we have cash flows. so there's no worry about the cash. >> okay. >> yeah. i was going to -- in terms of extending the brands, how do you embrace the digital arena here in things like ebooks and -- >> yes. we just started amazon.com program with mr. man and little miss. it's really since jettic. especially the small kids
we have central and south america and all of asia including china. there's so many opportunities to grow hello kitty as well, too. if we want to double our company's size, we need more. >> that's your goal. what's the time frame for accomplishing that? >> we're looking for something like five years. in these five years we have increased our market cap for five times larger. and what we want to do is to continue that. 20% to 30% growth. >> and acquisitions as you say will be a...
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Dec 10, 2012
12/12
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how do you actually know what consumers let's say in south america, africa actually like in terms of fragrances? >> it's imminently linked to the culture of a local country. especially on the state side, especially on the flavor side. so we don't create fragrances and flavors for the indians and the chinese. we have 9,000 people around the world. half of them create the next fragrances and flavors. and out of those 4,500 people, you have roughly 2,000 people who are actually in those countries. they are local people so we are chinese employees, chinese favors, will create those fragrances and flavors for the whole market. because, again, you can't know about the local culture out of switzerland. so you have to by there. and we have there in all of those countries so we do expensive consumer tests. we do expensive consumer insight. we drive the trend and that's helpful to grow in those markets. >> another factor that's created a lot of headache is the strength. how difficult is it to be a globally operating company that's based here in switzerland? >> actually, being a swiss company i
how do you actually know what consumers let's say in south america, africa actually like in terms of fragrances? >> it's imminently linked to the culture of a local country. especially on the state side, especially on the flavor side. so we don't create fragrances and flavors for the indians and the chinese. we have 9,000 people around the world. half of them create the next fragrances and flavors. and out of those 4,500 people, you have roughly 2,000 people who are actually in those...
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Dec 22, 2012
12/12
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LINKTV
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across south america and you can see some very big showers going up to paraguay and into bolivia and also peru. we would like to see heavy rain during the course of sunday. the main concentration remained in northwestern part of brazil going toward ecuador. as you come southward of argentina, it is one are to showers likely. we might see some rain pushing up from the southwest during the latter part of the day. highs in santiago a route 29 degrees. in the caribbean is looking like a fine picture. we should see some showers coming into the northern coast. elsewhere in we've got scattered showers. further north is looking fine was sunny weather and highs of 23 degrees. in north america, at temperatures around 32 degrees. we have to weather systems moving in. this should make some really we go to our top stories. egyptians have less than two hours for the second and final round on a referendum on the constitution. the president'smahmoud mekki announced he was resigning. a senior minister and seven others have been killed in a suicide bomber attack in pakistan. the taliban is claiming re
across south america and you can see some very big showers going up to paraguay and into bolivia and also peru. we would like to see heavy rain during the course of sunday. the main concentration remained in northwestern part of brazil going toward ecuador. as you come southward of argentina, it is one are to showers likely. we might see some rain pushing up from the southwest during the latter part of the day. highs in santiago a route 29 degrees. in the caribbean is looking like a fine...
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it is in spain after wars there's no jobs so the solution for them is to immigrate to south america over here you know any in europe is more complicated you have parts of germany which have some of the best standard of living anywhere in the world you have northeastern italy for instance which has a tradition of small and two premierships you go to a small. construction area. making clothes in gucci style in florence or making food in bali and export all over the world but it is they've been doing that for a thousand years or so and then you compare it to rome maples in southern italy it's a total disgrace day themselves and say that they live in africa and in fact so this is the problem is the inequality inside the western capitalist system and this inequality is being reproduced by the chinese most of the time i am between those americas north and south europe and china whenever i travel inside china i see the same mistakes they are committing that the west has been committing for the past twenty years and it's basically to apply new liberalism to china alexander you clarkie disagree g
it is in spain after wars there's no jobs so the solution for them is to immigrate to south america over here you know any in europe is more complicated you have parts of germany which have some of the best standard of living anywhere in the world you have northeastern italy for instance which has a tradition of small and two premierships you go to a small. construction area. making clothes in gucci style in florence or making food in bali and export all over the world but it is they've been...
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Dec 10, 2012
12/12
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this was not long after the news of the slaying of a south korea hostage. i want to give you an idea of why this has struck such a chord with people. cnn was able to translate the words and they are pretty shocking. the song goes in part, k those f'ing yankees who have been torturing iraqi captives and goes on to say, kill them slowly and painfully as well as their daughters, mothers, daughter-in-laws and father. you can see why this is getting a lot of attention. he apologized on friday and said while it's important to share our opinions, i understand the sacrifices american servicemen and women have made for democracy and freedom in my country and around the world. he also added that the song was part of a deeply emotional reaction to the war in iraq and the killing of two korean school girls that was part of the overall anti-war sentiment shared by others around the world at the time. the school girls were struck and killed by a u.s. military vehicle. psy says he will forever be sorry for the pain that the lyrics caused. >> some believe he shouldn't have
this was not long after the news of the slaying of a south korea hostage. i want to give you an idea of why this has struck such a chord with people. cnn was able to translate the words and they are pretty shocking. the song goes in part, k those f'ing yankees who have been torturing iraqi captives and goes on to say, kill them slowly and painfully as well as their daughters, mothers, daughter-in-laws and father. you can see why this is getting a lot of attention. he apologized on friday and...